Question: PRINTER VERSION BACK NEXT Problem 10.24 (Solution Video) Management of Sandhill, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of
PRINTER VERSION BACK NEXT Problem 10.24 (Solution Video) Management of Sandhill, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $151,436,474. The company would lease the aircraft to an airline. Cash flows from the proposed leases are shown in the following table. Years 1-4 5-7 8-10 Cash Flow $18,885,000 67,890,000 87,090,000 What is the IRR of this project? (Round answer to 2 decimal places, e.g. 15.25%.) The IRR of this project is Click if you would like to show Work for this question: Open Show Work
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